1101 Chavez Drive, Flint, MI

Industrial for Sale - $99,000 - 48,452 Sq. Ft. on 3.36 acres


Agent Info

Debi Roks
FRE.COM

Property Info

CIMLS#1059501
Location
  1101 Chavez Drive
  Flint MI 48503
UpdatedOctober 8th, 2019
TypeIndustrial
Price$99,000
Building48,452 Sq. Ft.
Land3.36 acres

Contact


Property Description

The former Historic Flint Armory is now available to purchase via Online Auction! The ±48,452 SF historic building is strategically located along the I-475 with a dedicated on/off ramp from I-475.

Property Highlights:

-Total square footage is ±48,452 SF which is made up of 3 buildings with the Armory totaling ±37,212 SF and the built-out garage totaling ±9,240 SF and a separate third building is ±2,000 SF

-Located Near the Mahindra Buick City Project

-Armory originally built in 1924 and has newer windows, electrical, roof, and 2 commercial kitchens

-Ideal logistics center, storage facility, R&D Center, or housing redevelopment

-Cash flow-in place: ±19% leased (garage building) with a $30,000/yr NOI ($3.25 psf NNN)

-Armory consists of a large gym, multiple classrooms, commercial kitchen and lunch hall as well as stables, bowling alley, shooting ranges and hands-on training rooms

-Ready facility for repairing trucks and rigs with over $1M invested by State of Michigan

±3.36 Acres of fenced and military secure paved yard

MINIMUM BID: $99,000; BID DEADLINE: November 21st at 5:00 pm ET. For more property information, auction details and to register to place a bid, visit www.FRE.com/307D7



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